Kingsoft Office Software

{{Infobox company

| name = Beijing Kingsoft Office Software, Inc.

| trading_name = Kingsoft Office

| native_name = 北京金山办公软件股份有限公司

| logo = Kingsoft Office.svg

| former_name =

| type = Public subsidiary

| traded_as = {{SSE|688111}}
CSI A100

| foundation = {{start date and age|2011|12|20}}

| location = Beijing, China

| founders =

| key_people = Zou Tao (Chairman)
Zhang Qingyuan (CEO)

| products = WPS Office

| revenue = {{Increase}} {{CNY|link=yes|4.56 billion}} (2023)

| net_income = {{Increase}} {{CNY|link=yes|1.32 billion}} (2023)

| assets = {{Increase}} {{CNY|link=yes|13.97 billion}} (2023)

| equity = {{Increase}} {{CNY|link=yes|10.02 billion}} (2023)

| num_employees = 4,558 (2023)

| industry = Software

| parent = Kingsoft

| subsid =

| homepage = {{URL|www.wps.cn}}

| footnotes =

}}

Beijing Kingsoft Office Software, Inc. ({{Zh|c=|p=Jīnshān Bàngōng|s=金山办公}}) is a publicly listed Chinese software company. Its most notable product is the office suite, WPS Office.

It is a subsidiary of Kingsoft.

Background

In 1988, Kingsoft was founded and in the same year launched the first edition of the Kingsoft Office suite (renamed to WPS Office in 2014).{{Cite web |title=Software that aims to win user hearts |url=https://www.chinadailyhk.com/hk/article/118366 |access-date=21 October 2024 |website=chinadailyhk |language=en}}

In 2011, Lei Jun returned to Kingsoft where he became its chairman while also chairing Xiaomi. The strategy of Kingsoft changed to focus more on mobile devices and Kingsoft started yielding more power to its subsidiaries and joint ventures.{{Cite web |last=Fu |first=Yingwei |date=24 July 2020 |title=The Story of Kingsoft, a 'Chinese Microsoft' |url=https://equalocean.com/analysis/2020072414335 |access-date=21 October 2024 |website=EqualOcean |language=en}}{{Cite web |last=Schneider |first=Jordan |date=24 December 2019 |title=CHINA VOICES {{!}} The Office clone that took on Microsoft |url=https://technode.com/2019/12/24/china-voices-the-office-clone-that-took-on-microsoft-in-china/ |access-date=21 October 2024 |website=TechNode |language=en-US}}

In December 2011, the Kingsoft Office unit was spun-off as a separate unit named Kingsoft Office Software. This was considered the turning point for Kingsoft Office which until this point had struggled competing with Microsoft Office in China. Kingsoft Office was able to enter android devices four years earlier than Microsoft Office which allowed it to win over more users including those in overseas markets.

On 18 November 2019, Kingsoft Office Software held its initial public offering becoming a listed company on the Shanghai Stock Exchange STAR Market.{{Cite web |last=Zhang |first=Jane |date=17 July 2019 |title=Xiaomi founder Lei Jun to have third listed company with Kingsoft Office |url=https://www.scmp.com/tech/start-ups/article/3018802/xiaomi-founder-lei-jun-have-his-third-listed-company-kingsoft-office |access-date=21 October 2024 |website=South China Morning Post |language=en}}

On 5 January 2021, outgoing U.S. president Donald Trump signed an executive order to ban WPS Office operating in the United States saying its data collection capabilities posed a threat to U.S. national security. Kingsoft Office Software stated it wouldn't have a substantial short-term impact on its business. A few days later, U.S. president Joe Biden revoked the order but said the White House remained concerned about the risks posed by the product and would continue to evaluate them.{{Cite web |last=Fan |first=Wenxin |date=15 July 2022 |title=A Frozen Document in China Unleashes a Furor Over Privacy |url=https://www.wsj.com/articles/a-frozen-document-in-china-unleashes-a-furor-over-privacy-11657887259 |website=The Wall Street Journal}}

On 25 June 2022, an aspiring Chinese writer claimed that she was locked out of her documents on WPS office with a warning stating the document might contain forbidden content and access was suspended. The story went viral on Weibo with users outraged about WPS office monitoring users' personal documents. In response, Kingsoft Office Software stated it had restricted third-party access to an online document that violated China's cyberspace rules. It also stated it was required by the Cyberspace Administration of China to examine and approve documents connected online, and does so using encryption that protects users’ privacy. Eventually the writer regained access to the document three days later and Kingsoft Office Software sent an employee to apologize to her saying the content-scanning machine had made a mistake.

In July 2023, Kingsoft Office Software launched its artificial intelligence tool for WPS Office, WPS AI.{{Cite web |date=27 July 2023 |title=Kingsoft introduces its generative WPS AI assistant to the workplace |url=https://www.scmp.com/presented/business/topics/generative-ai-workplace/article/3228742/how-kingsoft-office-software-introducing-generative-ai-workplace-launch-its-wps-ai-assistant |access-date=21 October 2024 |website=South China Morning Post |language=en}}